Math, asked by sarahnasir3947, 1 year ago

what is withholding tax

Answers

Answered by ilovedogsandcats
0
an amount of an employee's pay withheld by the employer and sent directly to the government as partial payment of income tax.
Answered by DeViKa0506
0
Withholding tax is income tax  withheld from employee's wages and paid directly to the government by the employer, and the amount withheld is a credit against the income taxes the employee must pay during the year. It also is a tax levied on income (interest and dividends) from securities owned by a nonresident as well as other income paid to nonresidents of a country.


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ilovedogsandcats: me ?
ilovedogsandcats: or someone else ?
Anonymous: no devika
ilovedogsandcats: oh sorry i thought u were talking with me :) lol
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